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Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck Manufacturing reports the following information in T-account form

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Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck Manufacturing reports the following information in T-account form for 2018 . ok at . Raw Materials Inventory Begin. Inv. 12,600 Purchases 50,000 Avail. for use 62,600 DM used 53,000 End. Inv. 9,600 Work In Process Inventory Begin. Inv. 17,400 DM used 53,000 Direct labor 29,900 Overhead 69,000 Manuf. costs 169, 300 Cost of goods manuf. 154,800 End. Inv. 14,500 Finished Goods Inventory Begin. Inv. 19,300 Cost of goods 154,800 manuf. Avail. for sale 174,100 Cost of Goods Sold 154,100 End. Inv. 20,000 aces Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute cost of goods sold for the year. BECK MANUFACTURING Partial Income Statement For Year Ended December 31, 2019 Cost of goods sold Finished goods inventory beginning Add: Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold $ 19.300 154,800 174,100 19 300 154,800 $

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